Executive Bonuses Reflecting Progress Under the Medium-Term Management Plan
First written in FY2019. 4 of 8 entries say "Advanced", first in FY2020. Latest entry: 2026-10-09.
The whole theme swung hardest in 2020: 4 of 31 companies on the "Worse" side.
24 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In principle, the standard proportion of performance-based compensation in annual compensation will range from 30% to 40% depending on the position, and will vary based on a coefficient of 0 to 1.5 multiplied by the degree of achievement of performance indicators.」
In addition to its compensation policy reflecting progress under the medium-term management plan and annual business performance, the company operates a specific compensation system including a variable coefficient for performance-based compensation and restricted stock compensation. - FY2025ReframedAnnual report
「At a board meeting held on 14 July 2025, the company reviewed its executive compensation system and resolved to introduce a restricted stock compensation plan.」
The company expanded its compensation structure to introduce a restricted stock compensation plan for directors, excluding outside directors, in addition to cash compensation reflecting progress under the medium-term management plan and annual business performance. - FY2022Significant reduction in bonuses following downward earnings revisionAnnual report
「During the fiscal year, the company made a significant downward revision to net income. To clarify management's responsibility for the resulting decrease in shareholders' equity, it reduced the total bonuses of 4 directors, excluding outside directors, by 85%; the bonuses of the 2 representative directors were reduced by 100%.」
The company significantly reduced the bonuses of 4 directors, excluding outside directors, due to the significant downward revision to net income and the resulting decrease in shareholders' equity, under its policy of reflecting progress under the medium-term management plan and business performance in executive bonuses. - FY2021Some targets not metAnnual report
「Achievement of the targets for the fiscal year fell short for some indicators.」
The company states that it maintained its policy of reflecting progress under the medium-term management plan in executive bonuses, although some indicators were not met during the fiscal year. - FY2020AdvancedAnnual report
「Bonuses are determined by comprehensively considering the degree of progress toward the medium-term management plan's targets, in addition to the Group's results for the individual fiscal year, so as to motivate improvements in corporate value over the medium term. Specifically, they are determined based on achievement of and contribution to the Group's annual results, including orders received, revenue, operating profit, ordinary profit and net income, as well as achievement of and contribution to the medium-term management plan's targets, in accordance with the criteria established by the company for each position. Achievement of the targets for the fiscal year was generally in line with target levels.」
The company states that the policy of reflecting progress under the medium-term management plan in executive bonuses was applied with achievement of the targets for the fiscal year generally in line with target levels. - FY2019First statedAnnual report
「Bonuses are determined by comprehensively considering the degree of progress toward the medium-term management plan's targets, in addition to the Group's results for the individual fiscal year, so as to motivate improvements in corporate value over the medium term.」
The policy states that executive bonuses reflect not only annual orders received, revenue and profit, but also progress toward the medium-term management plan's targets and the degree of contribution.